Weekly: The rising price in the past two weeks has regained its position above MA156. However, since there is still upper resistance from the convergence triangle shape above and the slope of MA156 is still downward, the EURUSD is expected to remain within the range of 1.0840-1.1040 in the next one to two weeks. Daily: The current price rise has reached the...
Bears don't get to convinced a sell off is near. Bulls will be buying the dip for the entire next year. 4K is the level, premium the harvest. ---- In this idea I present to you a level everyone should be aware of because my prediction is that we will end 2023 around 4k. I was browsing the SPX options chain for 2023 and 4k is by far the highest open interest...
Hello fellow traders, today we have a new price analytics on $BTC and i think i found something interesting here on the chart. If you fire up your MACD and calibrate it, draw the 4 neck and bottom lines on the tops and downs and found the zig-zag pattern in it measerud out, you can find a flaccid wick pattern which could occur in the next time, get you long on 4k...
I previously thought it was an 5 waves structure but now it looks more of an ABC. Two main downward resistance trendlines extending from the 19k region (Red and purple) should stop the progression upward at least for the next week. In the meantime some important EMA's golden crosses should occur and that could potentially mean more upward pressure as Bitcoin will...
Resistance in BTC proving bulls are standing their ground. Expect a push up to 4k levels
Hello. i have something to show. let's see if this chart pattern was working and i will update this chart insya allah so make sure u follow me and like this, Last trade was amazing we can predict that big move. STATUS : i'm prefer long at this point . but if u want to wait it's ok
FIB Confluence zones, and with all this crap with bitcoin cash we could be seeing the final leg down, will be interesting to see how this plays out.
Hello Guys, in the last time (since the last weekly candle) I expected that we have to go lower. As you can See I have many trendlines at the weekly-logarithmic chart and now we have to go to the main supportline to go higher. I expect we will go to 4000-4500 usd/btc and then we go eventually to 30k or higher. Watch also my Weekly RSI-Indicator. We have much...
Chart is crazy and normies will be brainwashed by groupthink that this will not happen . They will say there is no way that is gonna happen no way. Mike Novogratz assured me bitcoin would never be below 5800 ever again as he birthed the "there are no more sellers" as he also told you that on the cnbc. I imagine this post will get banned as we get closer to this...
Possible Head and Shoulder taking us to the healthy 4k
Hello gang. OK so here's the Renko on the daily. If you've seen my previous ideas, you will notice I've been talking about a big triangle wave, along with some other people doing TA. These waves are bouncing in a big triangular formation ... 20k to 6k, 6k to 11.7k, 11.7k to 6.5k, 6.5k to 10k and now the final wave ... which has broken down below the triangle...
Hi Everyone, It pains me to make this prediction, but as much as I love Bitcoin fundamentally, I believe that we are in a mid-term bear market. Mid-Term being what I think will be around 1 and a half months. Historical evidence: This idea was not my own but I saw the argument on Twitter and its something I can get behind. If we go to the weekly chart and pull...
Hello All, A quick update ... there are different possible interpretations when it comes to EW. The short summary ... (1) did we have an ABC correction up from 7040 (black wave)? (2) or did we have an ABCDE leading diagonal up from 7040 (purple wave)? Thing is, selecting one or the other decides when the impulse down started ... and the projected bottom (in the...
Last scenario which i linked here is invalidated but it still made appr 9% gains so in profit making it was very good but the time it took was way too long for me atleast. For me it doesnt matter whether it was correct, truncated, incorrect etc. If you are a trader it doesnt matter to you. If you try to proof that my count was wrong then you have to think with...
Well folks, not too much change on my chart, just a few updates. No doubt the alts are getting some action while BTC is confused. Seems that the whales are fighting. One dumps, one buys. Or maybe this confusion is what they want? Where are we going whales? 8500 is something I'll watch closely. A break out from here is a bullish indicator ... but I also don't...
So in the past few weeks, a couple of people have questioned whether this is a grand impulse wave down, annoyed by the fact that wave 4 would have to go into wave 1 territory. I've updated my chart to show an ABC correction after an impulse up to 19.9k. The outcome that is applicable over the next few weeks doesn't change much, as I have been saying. In an ABC...